FTSE 100 movers: Banks top risers after FSA decision
10th Oct 2012 15:22
Banking peers Lloyds and RBS were leading the risers today after the Financial Times reported that the FSA has eased capital and liquidity rules in an attempt to boost lending. Meanwhile, according to reports this morning, RBS has agreed to sell two buildings in Frankfurt and Berlin to Axa Investm
Read moreLondon midday: Banking stocks gain, yet Footsie falls
10th Oct 2012 11:32
- IMF warns about Eurozone crisis - Unions call for strikes in Greece - Banks gain on speculation of eased capital rules UK stocks suffered more losses on Wednesday in spite of some relative strength in the banking sector, as the International Monetary Fund (IMF) warned about the risks emanating f
Read moreLondon open: Stocks fall on growth concerns again
10th Oct 2012 08:45
- Growth concerns take down stocks again - Alcoa trims demand forecast - Banks could need to shrink assets, says IMF The FTSE 100 was heading for its third consecutive day in the red, starting Wednesday's session on the back foot with global growth concerns continuing to weigh on sentiment. Trader
Read moreWednesday broker round-up - UDPATE
10th Oct 2012 08:22
African Barrick Gold: Nomura cuts target from 670p to 605p, buy rating kept. APR Energy: JPMorgan Cazenove initiates coverage with overweight rating and 1,005p target. ARM Holdings: Credit Suisse initiates coverage at neutral. ASOS: Seymour Pierce keeps hold rating and 1,900p target. Avanti Com
Read moreLondon close: Growth concerns sink stocks for second straight day
9th Oct 2012 16:35
- Miners gain, but Footsie finishes firmly lower - IMF cuts forecasts; investors nervous ahead of Alcoa - UK economic data paints gloomy picture - Crude rises on Mid-East tensions With the International Monetary Fund (IMF) cutting its growth forecasts and Wall Street starting on the back foot ahead
Read moreFTSE 100 movers: Miners lead the way
9th Oct 2012 15:22
Mining stocks were performing well despite the gloomy growth figures from the IMF. Vedanta was in the top spot despite seeing production and sales of iron ore from Goa fall in the second quarter as the government's ban on mining activities in the state starts to bite. Retail giant Marks & Spencer
Read moreLondon midday: Footsie slides as IMF spreads the gloom
9th Oct 2012 11:37
- IMF cuts global growth forecasts for 2012 and 2013 - UK economic data comes in mixed - Footsie still down despite mining strength The FTSE 100 remained firmly in the red during the morning session Tuesday after the International Monetary Fund (IMF) cast a cloud of gloom over the markets after dow
Read moreTuesday broker round-up
9th Oct 2012 09:05
3i Group: Morgan Stanley raises target from 221p to 233p, equal weight rating kept. Aberdeen Asset Management: Morgan Stanley raises target from 315p to 365p, overweigh rating kept. Aggreko: HSBC downgrades to neutral. Alternative Networks: Westhouse upgrades to strong buy. ASOS: Panmure Gordon
Read moreLondon open: Stocks slip after IMF cuts growth forecasts
9th Oct 2012 08:25
- IMF cuts global growth estimates - Q3 US earnings season to kick off this evening - Capita and Aggreko dented by broker downgrades UK stocks continued to fall on Tuesday morning following a steep drop the day before, as concerns about the global economy were fuelled by a downgrade to growth forec
Read moreThursday broker round-up - UPDATE
4th Oct 2012 07:57
BHP Billiton: Morgan Stanley cuts target from 2,180p to 2,100p, overweight rating kept. BTG: Deutsche Bank raises target from 384p to 394p, buy rating kept. Capita: Panmure Gordon keeps hold rating and 620p target. Carillion: Seymour Pierce keeps buy rating and 395p target; Panmure Gordon maintai
Read moreThursday newspaper round-up: FirstGroup, Spain, RBS
4th Oct 2012 06:41
FirstGroup is considering legal action against the Department for Transport after it pulled the controversial West Coast rail bid in a humiliating about-turn, plunging the entire industry into chaos. The bus and rail operator, which had been awarded the contract after bidding £13.3bn to run the Lond
Read moreLondon close: US data provides a late boost
3rd Oct 2012 16:34
- US services and labour figures lift stocks - Mixed economic data in China, UK and Europe - FTSE 100 finishes up 0.3 per cent The UK benchmark finished with mild gains on Wednesday afternoon after some better-than-expected data from the US managed to brighten the mood, which was dampened earlier b
Read moreFTSE 100 movers: Sainsbury rises while Tesco drops
3rd Oct 2012 15:48
International Airlines Group (IAG) said September traffic figures had been boosted by heavy promotional activity by British Airways during and after the Olympic Games. "This has positively impacted our volumes in both premium and non-premium cabins, the carrier British Airways' September traffic, m
Read moreCapita to miss out on Home Office contract
3rd Oct 2012 13:35
Capita, the FTSE 100 outsourcing group, has said it is aware that the Home Office is pursuing discussions with another supplier with the intention of awarding them a contract to support the new Disclosure and Barring Service (DBS) operations, which are part of the coalition's agreement to review and
Read moreLondon close: Stocks down ahead of Fed, employment data divides
12th Sep 2012 16:32
- Ex-div stocks and miners weigh on Footsie - Germany approves ESM - All eyes turn to the Fed - Dutch elections tonight Following a stint in the blue after Germany's decision to approve the Eurozone rescue fund, the Footsie had sunk firmly into the red by the close with ex-dividend stocks and minin
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